Investment analysts at B. Riley initiated coverage on shares of Real Brokerage (NASDAQ:REAX - Get Free Report) in a research note issued on Wednesday, MarketBeat Ratings reports. The firm set a "buy" rating and a $7.00 price target on the stock. B. Riley's price target points to a potential upside of 55.56% from the stock's current price. B. Riley also issued estimates for Real Brokerage's Q2 2025 earnings at $0.00 EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at ($0.01) EPS, FY2025 earnings at ($0.03) EPS, Q1 2026 earnings at ($0.02) EPS, Q2 2026 earnings at $0.01 EPS, Q3 2026 earnings at $0.02 EPS, Q4 2026 earnings at $0.01 EPS, FY2026 earnings at $0.03 EPS, FY2027 earnings at $0.12 EPS, FY2028 earnings at $0.23 EPS and FY2029 earnings at $0.33 EPS.
Separately, Jones Trading restated a "buy" rating and issued a $6.00 price target on shares of Real Brokerage in a research note on Thursday, March 6th.
Get Our Latest Research Report on Real Brokerage
Real Brokerage Price Performance
Shares of NASDAQ:REAX traded up $0.10 during mid-day trading on Wednesday, reaching $4.50. 3,562,051 shares of the company traded hands, compared to its average volume of 953,163. The company's 50 day moving average price is $4.27 and its 200-day moving average price is $4.55. The firm has a market cap of $889.88 million, a PE ratio of -64.29 and a beta of 1.04. Real Brokerage has a 52 week low of $3.76 and a 52 week high of $6.75.
Real Brokerage (NASDAQ:REAX - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.05) by $0.03. Real Brokerage had a negative return on equity of 49.13% and a negative net margin of 1.09%. The company had revenue of $353.98 million during the quarter, compared to the consensus estimate of $332.92 million. On average, research analysts predict that Real Brokerage will post -0.1 earnings per share for the current fiscal year.
Real Brokerage declared that its board has authorized a stock buyback program on Friday, May 30th that allows the company to repurchase $150.00 million in shares. This repurchase authorization allows the company to repurchase up to 17.8% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rhumbline Advisers boosted its stake in Real Brokerage by 20.7% in the 1st quarter. Rhumbline Advisers now owns 150,008 shares of the company's stock worth $609,000 after purchasing an additional 25,684 shares during the period. ProShare Advisors LLC boosted its position in shares of Real Brokerage by 55.6% during the 4th quarter. ProShare Advisors LLC now owns 28,300 shares of the company's stock valued at $130,000 after acquiring an additional 10,108 shares during the last quarter. Bank of Montreal Can boosted its position in shares of Real Brokerage by 37.5% during the 4th quarter. Bank of Montreal Can now owns 26,100 shares of the company's stock valued at $120,000 after acquiring an additional 7,119 shares during the last quarter. Cerity Partners LLC bought a new position in shares of Real Brokerage during the 4th quarter valued at approximately $665,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Real Brokerage by 8.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 56,927 shares of the company's stock valued at $262,000 after acquiring an additional 4,672 shares during the last quarter. 53.28% of the stock is currently owned by institutional investors.
Real Brokerage Company Profile
(
Get Free Report)
The Real Brokerage Inc, together with its subsidiaries, operates as a real estate technology company in the United States and Canada. It operates in three segments: North American Brokerage, Real Title, and One Real Mortgage. It offers brokerage, title, and mortgage broker services. The company is based in Miami, Florida.
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